@amandadorolek: A raise cannot make you take home less money. Tax brackets don't work that way - even though almost everyone thinks they do. Your marginal rate is the rate on your next dollar. Your effective rate is what you actually pay overall. A couple moving from $95,000 to $105,000 in taxable income only pays the higher 22% rate on the $4,200 above the $100,800 line - every dollar before that is still taxed at 10% and 12%. Their real effective rate stays under 12%. This is one of the most expensive myths in personal finance, and it gets passed down for generations. Based on current 2026 IRS tax brackets - general education, not individualized advice for your specific return. Share this with anyone who's ever turned down a raise over taxes. Better yet - teach your kids this before their first paycheck. #FinancialLiteracy #TaxMyths #PersonalFinance #MoneyEducation #TaxBrackets

Amanda Dorolek

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Region: US

Monday 31 August 2026 21:58:48 GMT